Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 11-February-2015     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1923.70p    
INCLUDING current year revenue                              1937.24p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1869.35p    
INCLUDING current year revenue                              1882.90p    
The NAV includes a provision for any performance fee applicable.        
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